Tag: Yen

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Sterling slides as PMI surveys signal a recession

Sterling fell on Tuesday, underperforming all other major currencies, after data showed economic activity weakened further in January, underlining the risk that Britain could...

Dollar pinned near nine-month low vs euro, yen bounces

The dollar hovered near nine-month lows against the euro and surrendered recent gains against the yen on Tuesday, as traders weighed up the diverging...

Dollar slips after weak data while yen rebounds

The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum, while the yen rebounded as traders continued...

Stocks bouyed by cheery data after BOJ damp squib

World stocks rose and Japan's yen tumbled on Wednesday, after the Bank of Japan poured cold water on monetary tightening expectations and economic and...

Yen jumps as markets test BOJ, inflation retreat lifts stocks

World stocks scaled one-month highs on Friday as hopes of inflation easing took hold, while the yen jumped to seven-month peaks and Japanese bond...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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